Steven Mark Schmidt Form 3 SQL Technologies / Steven Mark Schmidt ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Schmidt Steven Mark

(Last) (First) (Middle)

C/O SQL TECHNOLOGIES CORP.

11030 JONES BRIDGE ROAD, SUITE 206

(Street)

JOHNS CREEK GA 30022

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
02/09/2022

3. Issuer Name and Ticker or Trading Symbol
SQL Technologies Corp. [ SKYX ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
President

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, no par value	66,667	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	(1)	10/01/2024	Common Stock, no par value	60,000	0.1	D
Stock Option (right to buy)	(1)	10/01/2024	Common Stock, no par value	60,000	6	D
Stock Option (right to buy)	(2)	06/01/2026	Common Stock, no par value	100,000	12	D

Explanation of Responses:

1. These options were granted on October 1, 2019 and vest in three equal annual installments of 20,000 shares beginning on the first anniversary of the date of grant. Options are subject to continued service through the applicable vesting date.

2. These options were granted on June 1, 2021 and vest in four equal annual installments of 25,000 shares beginning on the date of grant. Options are subject to continued service through the applicable vesting date.

	/s/ Steven Mark Schmidt	02/09/2022
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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